This chapter reviews the empirical economics literature on the impact of trade liberalization
on firms' innovation-related outcomes. We define and examine four types of shocks to trade …

Economists have shown that large and persistent differences in productivity levels across
businesses are ubiquitous. This finding has shaped research agendas in a number of fields …

With the continuous advancement of the digital economy and green development strategies,
exploring the impact of digital transformation on corporate green technology innovation …

Abstract Research Summary This paper studies the impact of platform‐owner entry threat on
complementors in platform‐based markets. We examine how app developers on the …

We present a mechanism based on managerial incentives through which common
ownership affects product market outcomes. Firm-level variation in common ownership …

Creating a Learning Society: A New Approach to Growth, Development, and Social Progress,
Reader's Edition Page 1 Creating a Learning Society KENNETH J. ARROW LECTURE SERIES …

Schumpeterian growth theory has operationalized Schumpeter's notion of creative
destruction by developing models based on this concept. These models shed light on …

We examine the effect of competition on banking stability using a new measure of
competition based on the reallocation of profits from inefficient banks to efficient ones. In a …

This paper considers cost-reducing R&D investment with spillovers in a Cournot oligopoly
with overlapping ownership. We show that overlapping ownership leads to internalization of …

We examine the impact of Chinese import competition on broad measures of technical
change—patenting, IT, and TFP—using new panel data across twelve European countries …